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Property profile & analytics
OFF-MARKET
Estimated value
$515,000
Apartment buildings
1027 Mohar St, Salinas, CA 93905-1700
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US10-3214706
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
WOOD
Total area
2,438 SF
Lot
0.16 ac (7,017 SF)
APN
004-232-016-000
UPID
US10-3214706
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$605k
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$515k
Owner & transaction history
Marie Izquierdo · 9 yrs held
Marie Izquierdo
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salinas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salinas submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$320,000
CAP Approach
CAP Return
Estimation
6%
$655,000
6.5%
$605,000
7%
$560,000
Blend value · Realmo final
$515k
Range $464k – $567k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$211 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,601
Tax year 2023
Assessed value
$931,138
Assessed 2023
Previous assessed
$931,138
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$535,906
Assessed improvement
$395,232
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Units
5
Rooms
25
Bathrooms
5
Total area
2,438 SF
Lot
0.16 ac (7,017 SF)
APN
004-232-016-000
UPID
US10-3214706
Jurisdiction
MONTEREY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1969
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Units
5
Rooms
25
Bathrooms
5
Lot
0.16 ac
Current owner
From public records · entity-resolved
Marie Izquierdo
Individual
Mailing address
1601 LITTLE RIV DR, SALINAS, CA 93906-4841
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2016
—
Marie Izquierdo
Marquez,efrain
Grant Deed
—
Mar 7, 2005
—
Efrain Marquez
Marquez,marie
Quit Claim Deed
related
—
Mar 7, 2005
$695,000
Efrain Marquez
G & G Partnership
Grant Deed
$300,000 · New Century Mortgage Corp
Feb 11, 2005
$292,500
G & G Partnership
Marietta S Vonberg
Grant Deed
$193,263 · Old Republic Exchange Facilitator C
Nov 26, 2002
—
Von Berg,tr
Von Berg,marietta S
Quit Claim Deed
related
—
Mar 28, 2000
—
Viray Trust
Viray,wildredo S
Quit Claim Deed
related
—
Jan 10, 2000
—
Marietta S Von Berg
Viray,wilredo S
Grant Deed
related
—
Mar 4, 1993
$250,000
Wildredo S Viray
Stanley Trust
Grant Deed
$187,000 · San Francisco Federal S & L
—
—
Marietta S Von Berg
—
Deed Of Trust
related
$178,000 · Washington Mutual Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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